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HYRE

HyreCar OTCPK:HYRE Stock Report

Last Price

US$0.20

Market Cap

US$6.5m

7D

-59.8%

1Y

-93.9%

Updated

07 Feb, 2023

Data

Company Financials +

HYRE Stock Overview

HyreCar Inc. operates a car-sharing marketplace in the United States.

HYRE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

New

Notes are coming soon

HyreCar Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HyreCar
Historical stock prices
Current Share PriceUS$0.20
52 Week HighUS$3.57
52 Week LowUS$0.13
Beta2.24
1 Month Change-58.47%
3 Month Change-70.35%
1 Year Change-93.89%
3 Year Change-93.30%
5 Year Changen/a
Change since IPO-96.06%

Recent News & Updates

Recent updates

HyreCar - Great Potential But Not For The Faint Of Heart

Oct 05

HyreCar: Reinvigorating Growth But Caution Remains Warranted

Sep 28

HyreCar appoints Eduardo Iniguez as interim CFO

Sep 19

HyreCar surges on securing $100M credit line; sees significant fleet growth

Sep 06

HyreCar GAAP EPS of -$0.20 beats by $0.04, revenue of $10.51M beats by $0.14M

Aug 15

HyreCar stock higher after revising Q2 revenue guidance based on strong performance

Jul 12

HyreCar: There's Still Hope Here

Jun 08

HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely

May 15
HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely

HyreCar Needs To Reinvigorate Growth And Address Near-Term Capital Needs

Mar 26

Time To Worry? Analysts Just Downgraded Their HyreCar Inc. (NASDAQ:HYRE) Outlook

Mar 23
Time To Worry? Analysts Just Downgraded Their HyreCar Inc. (NASDAQ:HYRE) Outlook

HyreCar: Elevated Risks, But Worth Buying The Dip

Jan 16

HyreCar: With Some Faith, This Stock Is Still A Winner

Oct 30

Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?

Sep 16
Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?

HyreCar - Selloff On Delayed Profitability And Financing Issues At Key Strategic Partner

Aug 18

Analysts Just Slashed Their HyreCar Inc. (NASDAQ:HYRE) EPS Numbers

Aug 16
Analysts Just Slashed Their HyreCar Inc. (NASDAQ:HYRE) EPS Numbers

HyreCar: The Growth Kick Is Still Alive, But Take Care To Lock In Gains Soon

Jul 10

Is HyreCar (NASDAQ:HYRE) A Risky Investment?

May 16
Is HyreCar (NASDAQ:HYRE) A Risky Investment?

HyreCar Inc. (NASDAQ:HYRE): When Will It Breakeven?

Mar 06
HyreCar Inc. (NASDAQ:HYRE): When Will It Breakeven?

HyreCar shares slide on raising $25.85M capital through equity offering

Feb 04

Rainbows and Unicorns: HyreCar Inc. (NASDAQ:HYRE) Analysts Just Became A Lot More Optimistic

Jan 30
Rainbows and Unicorns: HyreCar Inc. (NASDAQ:HYRE) Analysts Just Became A Lot More Optimistic

Is HyreCar (NASDAQ:HYRE) A Risky Investment?

Jan 24
Is HyreCar (NASDAQ:HYRE) A Risky Investment?

What Kind Of Investors Own Most Of HyreCar Inc. (NASDAQ:HYRE)?

Dec 20
What Kind Of Investors Own Most Of HyreCar Inc. (NASDAQ:HYRE)?

HyreCar: Taking My Foot Off The Pedal

Nov 16

Shareholder Returns

HYREUS TransportationUS Market
7D-59.8%3.4%0.9%
1Y-93.9%-8.8%-10.9%

Return vs Industry: HYRE underperformed the US Transportation industry which returned -7.3% over the past year.

Return vs Market: HYRE underperformed the US Market which returned -9.6% over the past year.

Price Volatility

Is HYRE's price volatile compared to industry and market?
HYRE volatility
HYRE Average Weekly Movement21.5%
Transportation Industry Average Movement6.3%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: HYRE is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: HYRE's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201476Eduardo Iniguezhttps://www.hyrecar.com

HyreCar Inc. operates a car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers. The company sourcing vehicles from individual owners, as well as commercial owners of vehicles including car dealerships and fleet owners.

HyreCar Inc. Fundamentals Summary

How do HyreCar's earnings and revenue compare to its market cap?
HYRE fundamental statistics
Market CapUS$6.45m
Earnings (TTM)-US$18.36m
Revenue (TTM)US$39.89m

0.2x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HYRE income statement (TTM)
RevenueUS$39.89m
Cost of RevenueUS$26.11m
Gross ProfitUS$13.78m
Other ExpensesUS$32.14m
Earnings-US$18.36m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.57
Gross Margin34.55%
Net Profit Margin-46.02%
Debt/Equity Ratio23.5%

How did HYRE perform over the long term?

See historical performance and comparison